Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $4,571, 150 $ 98, 005 414,841 819,874 $1,333,020 $ 4,843,720 $ 95,196 425,120 870,859 $ 1, 391,175 $ 340,136 $ 4,964,210 $ 87,026 44),967 834,721 $1,365,714 $5,480, 300 $ 80,448 496,498 na7, S04 $1,464,450 $ 326,110 $5,767,920 $ 81,640 578,298 Sales Cash Accounts receivable, net Inventory Total current assets 906, 745 $1,568,683 $ 409,039 Current liabllities $107,033 $332,220 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentege answers to 1 decimal plece (I.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 6 Sales Cuitent ossefs Cash Accounts recervable, net invontory Total current assets Carrent abildies

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's
current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows:
Year 1
$ 4,571,150
$ 98, 305
414,841
819,874
$1,333,020
$ 307,033
Year 2.
Year 3
Year 4
Year 5
$4,843,720
$ 95,196
425,120
870,859
$1,391,175
$ 340,136
$ 4,964, 210
$ 87,026
443,967
834,721
$1,365,714
$ 5,480, 300
$ 80,448
496,498
887, 504
$ 5,767,920
$ 83,640
578,298
906, 745
Sales
Cash
Accounts receivable, net
Inventory
$ 1,454,450
$ 326,110
$ 1,568, 683
Total current assets
Current llabllities
$ 332, 220
$ 409,039
Required:
1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers
to 1 decimal plece (i.e., 0.1234 should be entered as 12.3).)
Year 1
Year 2
Year 3
Year 4
Year 6
Sales
Cuitent ossots
Cash
Accounts recervable, net
Inventory
Total current assets
Current tabildies
Transcribed Image Text:Rotorua Products, Limited, of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 $ 4,571,150 $ 98, 305 414,841 819,874 $1,333,020 $ 307,033 Year 2. Year 3 Year 4 Year 5 $4,843,720 $ 95,196 425,120 870,859 $1,391,175 $ 340,136 $ 4,964, 210 $ 87,026 443,967 834,721 $1,365,714 $ 5,480, 300 $ 80,448 496,498 887, 504 $ 5,767,920 $ 83,640 578,298 906, 745 Sales Cash Accounts receivable, net Inventory $ 1,454,450 $ 326,110 $ 1,568, 683 Total current assets Current llabllities $ 332, 220 $ 409,039 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal plece (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 6 Sales Cuitent ossots Cash Accounts recervable, net Inventory Total current assets Current tabildies
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